Jiangsu Bide Science And Technology Co (SHSE:605298) Days Payable : 269.50 (As of Mar. 2024)

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What is Jiangsu Bide Science And Technology Co Days Payable?

Jiangsu Bide Science And Technology Co's average Accounts Payable for the three months ended in Mar. 2024 was ¥136.9 Mil. Jiangsu Bide Science And Technology Co's Cost of Goods Sold for the three months ended in Mar. 2024 was ¥46.4 Mil. Hence, Jiangsu Bide Science And Technology Co's Days Payable for the three months ended in Mar. 2024 was 269.50.

The historical rank and industry rank for Jiangsu Bide Science And Technology Co's Days Payable or its related term are showing as below:

SHSE:605298' s Days Payable Range Over the Past 10 Years
Min: 150.54 Med: 250.14 Max: 421.73
Current: 210.9

During the past 10 years, Jiangsu Bide Science And Technology Co's highest Days Payable was 421.73. The lowest was 150.54. And the median was 250.14.

SHSE:605298's Days Payable is ranked better than
93.9% of 935 companies
in the Transportation industry
Industry Median: 39.02 vs SHSE:605298: 210.90

Jiangsu Bide Science And Technology Co's Days Payable declined from Mar. 2023 (482.59) to Mar. 2024 (269.50). It may suggest that Jiangsu Bide Science And Technology Co accelerated paying its suppliers.

Jiangsu Bide Science And Technology Co Days Payable Historical Data

The historical data trend for Jiangsu Bide Science And Technology Co's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Jiangsu Bide Science And Technology Co Days Payable Chart

Jiangsu Bide Science And Technology Co Annual Data

Trend

Dec13

Dec14

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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355.07

192.61

258.38

421.73

241.90

Jiangsu Bide Science And Technology Co Quarterly Data
	Dec17	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															482.59	219.65	334.97	134.44	269.50

Competitive Comparison of Jiangsu Bide Science And Technology Co's Days Payable

For the Railroads subindustry, Jiangsu Bide Science And Technology Co's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Jiangsu Bide Science And Technology Co's Days Payable Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Jiangsu Bide Science And Technology Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Jiangsu Bide Science And Technology Co's Days Payable falls into.

Jiangsu Bide Science And Technology Co Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Jiangsu Bide Science And Technology Co's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (135.414	+	139.392)	/	2 )	/	207.322	*	365
=	137.403					/	207.322	*	365
=	241.90

Jiangsu Bide Science And Technology Co's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (139.392	+	134.498)	/	2 )	/	46.369	*	365 / 4
=	136.945					/	46.369	*	365 / 4
=	269.50

Jiangsu Bide Science And Technology Co Days Payable Related Terms

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Jiangsu Bide Science And Technology Co (SHSE:605298) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Jiangsu Bide Science And Technology Co Ltd (SHSE:605298) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 27, Yuexiang Road, Yuecheng Town, Jiangsu Province, Jiangyin City, CHN, 214404

Website

http://www.bidekeji.com

Jiangsu Bide Science Shares Co Ltd is engaged in the research and development, production and sales of railway passenger car and vehicle accessories. The company's products mainly include accessories such as cable protection, air conditioning, ventilation, and sand-spreading devices for motor vehicle. The product application range covers high-speed EMUs, urban rail subways, railway passenger cars, special vehicles and others.

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